Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) Stock Short Interest Report for October

Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) was the target of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 49 shares, a drop of 58.8% from the September 30th total of 119 shares. Based on an average daily volume of 798 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Investors Weigh In On Invesco QQQ Hedged Advantage ETF

A hedge fund recently bought a new position in Invesco QQQ Hedged Advantage ETF stock. Bank of America Corp DE acquired a new stake in Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 25,000 shares of the company’s stock, valued at approximately $1,462,000. Bank of America Corp DE owned about 12.50% of Invesco QQQ Hedged Advantage ETF at the end of the most recent reporting period.

Invesco QQQ Hedged Advantage ETF Stock Down 1.6%

Shares of QQHG stock traded down $1.09 on Friday, hitting $64.98. The stock had a trading volume of 122 shares, compared to its average volume of 856. The business has a 50 day moving average price of $66.71 and a 200 day moving average price of $63.89. Invesco QQQ Hedged Advantage ETF has a one year low of $57.39 and a one year high of $68.70. The company has a market cap of $3.25 million, a PE ratio of 32.70 and a beta of 0.79.

About Invesco QQQ Hedged Advantage ETF

Invesco Actively Managed Exchange-Traded Fund Trust – Invesco QQQ Hedged Advantage ETF is an is an exchange traded fund launched and managed by Invesco Capital Management LLC. The fund is co-managed by Invesco Advisers, Inc The fund invests in public equity markets of global region. It invests directly and through derivatives in stocks of companies operating across communication services, consumer discretionary, consumer staples, energy, health care, industrials, information technology, materials, real estate and utilities sectors.